NXM the next multi bagger, page-1815

Agreed Iryna - Bella
Experts Believe Gold is in a Bull Market that will last for at least a further 2 Years. Short Term Data However Points to a Pullback in the Gold Price Due to a Strengthening US Dollar (Another Safe Haven)
- Golds Kryptonite
The US Dollar Strengthens with Rising Interest Rates
An End to the Unprecedented Covid related Money Printing will also Strengthen the US Dollar
Combining Both of these Situations Creates a Huge Short Term Head Wind for the Gold Price IMO
A Decent Pull back looks inevitable.
The Good News is it will only be Short Term / Temporary.
Markets All around the World are in Massive Bubbles IMO. None more so than the US. China is also Looking very Shaky. How Quickly People Forget. The DJIA Dropped 49% during the Global Financial Crisis in 2008
Company P/E Ratios are currently at Outrageous / Unsustainable levels due to Cheap Money (Almost Zero Interest Rates), Free Money (Covid Related Money Printing), Company Share Buy Backs to Artificially inflate Company Revenues / Profits ensuring Executives receive their Bonuses & FOMO (Fear of Missing Out)
If Markets Tank Gold Stocks initially Drop with everything else. The Gold Price / Quality Gold Stocks will Rebound Strongly due to their safe haven appeal / Large Investors repositioning - In NXM I Trust!